SmartProfitFX vs Riverquode

Riverquode and AzurevistaFX regulatory identity

• Riverquode is the current trading name of AzurevistaFX (Pty) Ltd.
• Riverquode's current site identifies AzurevistaFX (Pty) Ltd, South African registration number 2020/750823/07, and FSP number 52830.
• The official FSCA FSP search, queried by number 52830 on 10 June 2026, returned AZUREVISTAFX (PTY) LTD, trading name RIVERQUODE, with status Authorized.
• The FSCA register result verifies the FSP identity and status; users should still verify the permitted products and the exact contracting/execution arrangement before funding.
• Riverquode says AzurevistaFX acts as an intermediary and is not the market maker or product issuer.

Intermediary and counterparty terms require written confirmation

• Riverquode's current footer and May 2026 Client Agreement say AzurevistaFX acts solely as an intermediary and does not act as principal or counterparty.
• The Client Agreement says orders are transmitted to contracted liquidity providers and/or execution venues, which act as counterparties to client trades.
• The Client Agreement says the account relationship is governed by the agreement and that account registration involves respective contracted liquidity providers.
• The May 2025 Risk Disclaimer contains conflicting wording that Riverquode.com may act as principal and counterparty to client trades.
• Because current official documents conflict, users must obtain written confirmation of the actual contracting entity, product issuer, execution venue, counterparty, fund-safeguarding arrangement and complaint route before funding.

Classic through VIP trading tiers

• Riverquode currently presents Classic, Silver, Gold, Platinum and VIP account tiers.
• The account pages show zero commission, 160-plus CFDs, a 100% margin-call level, 20% stop-out level, minimum trade volume 0.01 and maximum trade volume 50.
• Published headline spreads start from 2.5 for Classic and Silver, 1.8 for Gold, 1.4 for Platinum and 0.9 for VIP.
• Published maximum leverage is up to 1:400 for FX, up to 1:200 for metals, indices and commodities, and up to 1:5 for stocks/equities and crypto.
• The account pages say trading conditions can change without prior notice and liquidity providers may adjust schedules based on market conditions.

WebTrader, app and CFD coverage

• Riverquode offers its own WebTrader and a mobile trading app rather than presenting MetaTrader or cTrader as the current platform.
• The current site says the platform is available across browsers and devices.
• Riverquode advertises more than 160 CFD instruments across forex, stocks, commodities, indices, metals and cryptocurrencies.
• The current trading-app page shows illustrative leverage by product, including 1:400 on listed FX examples and 1:200 on listed index examples.
• Instrument availability, leverage and schedules must be verified in the live platform and product specifications because terms can change.

Withdrawal, inactivity, swap and deposit-fee terms

• Riverquode's May 2026 General Fees Policy says a fully verified account that has placed at least one trade receives one free withdrawal.
• The policy says an unverified account, or a verified account with no executed trade, is charged 10 USD for a withdrawal.
• The policy lists potential subsequent-withdrawal charges including 3.5% for debit card and 30 USD for wire transfer, with other methods subject to processor/provider terms.
• Riverquode says it does not charge deposit fees, but payment-provider processing or currency-conversion charges may apply.
• The current fee policy lists monthly inactivity fees of 0 USD for 0-30 days, 100 USD for 31-60 days, 250 USD for 61-180 days and 300 USD after 180 days.
• The Client Agreement says the minimum withdrawal is 100 USD or equivalent, and the fee policy says swaps may apply with a three-day Wednesday rollover.

Country restrictions, leverage and excess-loss wording

• Riverquode says it does not offer services to residents of the USA, Canada, Russia, Belarus, Iran, Iraq, North Korea, the European Union, the United Kingdom or jurisdictions where distribution would violate local law.
• The May 2026 Client Agreement says clients must be over 18 and resident in a country not restricted by FSCA regulations or internal policies.
• Riverquode's account pages promote negative balance protection, but its Client Agreement, Margin Policy and Risk Disclaimer warn that leveraged losses may exceed the initial deposit or margin.
• The Margin Policy sets a 100% margin-call level and 20% stop-out level and says the company is not obligated to issue a formal margin call before stop-out.
• The Risk Disclaimer covers leverage, market, technical, liquidity, counterparty, bankruptcy, regulatory and conflict-of-interest risks.
• The conflict between negative-balance marketing and excess-loss warnings must be resolved in writing for the actual client/entity/counterparty arrangement before funding.

• You are eligible for Riverquode and specifically want its WebTrader or mobile app.
• Its Classic-to-VIP account tiers and current CFD market list match your needs.
• You have reviewed the May 2026 fee policy, including inactivity and withdrawal charges.
• You have obtained written confirmation of the contracting entity, product issuer, counterparty, fund safeguarding, negative-balance treatment and excess-loss liability.